PT Telkom Indonesia

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Last updated: 28 Jun 2005 Update History

Report Status: Archived

Report Pages: 15

Analyst: Peter Evans

Synopsis

PT Telekomunikasi (Telkom) is Indonesia’s fixed-line incumbent. Its shares are traded on the Jakarta, Surabaya, London and New York Stock Exchanges. The Indonesian government holds a majority stake. Telkom owns and operates Indonesia’s PSTN and has a CDMA-based limited mobility fixed wireless network in most cities. In 2002, the government granted IDD incumbent, Indosat, a licence to provide local fixed-line services, breaking Telkom’s monopoly. In May 2004, Telkom received a licence to provide IDD services. Telkom provides mobile services through Telkomsel, owned 65% by Telkom and 35% by SingTel, the largest provider of GSM services in Indonesia, with over 50% market share.

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